GP_investor replied to the topic Investing Interstate – Exaggerated Stamp duty ?? in the forum Help Needed! 14 years, 3 months ago
Thank you all for your valuable insights.LH, would you then say that investing interstate can help you keep a check on the land tax costs.
GP_investor replied to the topic Where can I find more information on major projects/infrastructure that are/will be opening up in Australia? in the forum Help Needed! 14 years, 5 months ago
Thanks for your comments "Scott no mates" and "Matt007". My comments were in regards to a statement in BRW which said that there were 81 resources project – Mining projects, Coal mining, Gas plants et al – approved in 2010 and 143 more in the pipeline. Following that comment I looked up on Dept of Infrastructure however it didnt state any priva…[Read more]
GP_investor replied to the topic Stampduty on IP in the forum Help Needed! 14 years, 6 months ago
Hi Tumu,The Stamp duty for IP is marginally more than PPORs.
GP_investor replied to the topic Can I get a 2nd property without enough equity? in the forum Help Needed! 14 years, 6 months ago
Hi Jlia,I am a newbie in this area as well and I must say I ended up using a bit of equity from my PPOR and savings to generate the deposit for my 2nd property.I am in the same boat as you now, as I dont have enough funds to go for the next property.Are there are any other ways to generate deposits ?Thanks in anticipation.